Housing Market Analysis for MILL LANE, LN5 0RP

Are you looking to understand LN5 0RP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this North Kesteven postcode.

For the location information and nearby amenities in the LN5 0RP area, explore the LN5 0RP Area information page.
For comprehensive crime statistics in the LN5 0RP area, explore the LN5 0RP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN5 0RP postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £212,665 median price is £195,000 Standard Deviation is £43,082 with Total Sold: 3
    • The Last 5 Year average price is £271,995 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MILL LANE: £271,995 (Sold on 30 Jul 2021)
    • The first recorded sale happened at this postcode is 3 MILL LANE: £171,000 (Sold on 21 May 2010)
  • Detached
    • The average price is around £162,334 median price is £185,000 Standard Deviation is £59,883 with Total Sold: 11
    • The most recent sale happened at this postcode is 2 MILL LANE: £265,000 (Sold on 16 Feb 2016)
    • The first recorded sale happened at this postcode is THE BRIARS, 2A MILL LANE: £109,000 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £35,000 median price is £35,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 MILL LANE: £35,000 (Sold on 15 Feb 1995)
    • The first recorded sale happened at this postcode is 10 MILL LANE: £35,000 (Sold on 15 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 0RP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£271,995 £2,092 1
2012£195,000 £1,500 1
2010£171,000 £1,537 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£265,000 £2,387 1
2014£239,770 £2,122 1
2011£187,400 £1,688 1
2007£185,000 £1,637 1
2005£147,500 £1,329 1
2003£195,000 £1,512 1
2002£147,500 £853 2
1998£105,0001
1997£57,0001
1995£109,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£35,0001

All the Sales in the MILL LANE, LN5 0RP

See the table below for more details on the sold house prices in the LN5 0RP, North Kesteven postcode.

AddressSold DatePrice% Change
1 MILL LANETerraced, FreeholdArea: 130 Sq.mtrAge: 2007-201130 Jul 2021£271,99539.48%
06 Jul 2012£195,000First Sale
2 MILL LANEDetached, FreeholdArea: 111 Sq.mtrAge: 1976-198216 Feb 2016£265,00041.41%
14 Oct 2011£187,40027.05%
01 Apr 2005£147,500First Sale
16 MILL LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1950-196601 Apr 2014£239,77029.61%
02 Jul 2007£185,000First Sale
3 MILL LANETerraced, FreeholdArea: 111.27 Sq.mtrAge: 2007 onwards21 May 2010£171,000First Sale
4 MILL LANEDetached, FreeholdArea: 129 Sq.mtrAge: 1950-196615 Apr 2003£195,00077.27%
16 Jan 2002£110,000First Sale
THE BRIARS, 2A MILL LANEDetached, Freehold12 Jun 2002£185,00076.19%
27 Feb 1998£105,000-3.67%
28 Feb 1995£109,000First Sale
CLOVER BARN MILL LANEDetached, Freehold10 Jan 1997£57,000First Sale
10 MILL LANESemi-Detached, Freehold15 Feb 1995£35,000First Sale

Check out the sold house prices near the LN5 0RP postcode. Properties currently for saleProperties currently for rent

MILL LANE, LN5 0RP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN5 0RP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LN5 0RP postcode.

  • Terraced
    • The average price is around £212,665 median price is £195,000 Standard Deviation is £43,082 with Total Sold: 3
    • The Last 5 Year average price is £271,995 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 MILL LANE: £271,995 (Sold on 30 Jul 2021)
    • The first recorded sale happened at this postcode is , 3 MILL LANE: £171,000 (Sold on 21 May 2010)
  • Detached
    • The average price is around £162,334 median price is £185,000 Standard Deviation is £59,883 with Total Sold: 11
    • The most recent sale happened at this postcode is , 2 MILL LANE: £265,000 (Sold on 16 Feb 2016)
    • The first recorded sale happened at this postcode is , THE BRIARS, 2A MILL LANE: £109,000 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £35,000 median price is £35,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 10 MILL LANE: £35,000 (Sold on 15 Feb 1995)
    • The first recorded sale happened at this postcode is , 10 MILL LANE: £35,000 (Sold on 15 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£271,995 £2,092 1
2012£195,000 £1,500 1
2010£171,000 £1,537 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£265,000 £2,387 1
2014£239,770 £2,122 1
2011£187,400 £1,688 1
2007£185,000 £1,637 1
2005£147,500 £1,329 1
2003£195,000 £1,512 1
2002£147,500 £853 2
1998£105,0001
1997£57,0001
1995£109,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£35,0001

House Type in LN5 0RP area

The most common house types in the LN5 0RP postcode area are Detached (69), Semi-detached (55), and Terraced (18).

Total142
Detached69
Semi-detached55
Terraced18
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright58
Owned: Owns with a mortgage or loan40
Social rented: Rents from council or Local Authority27
Private rented: Private landlord or letting agency8
Social rented: Other social rented5
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN5 0RP have 2 people in household (55), and 1 person in household (50).

2 people in household55
1 person in household50
3 people in household20
4 people in household12
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0